Rent

By 2025 one fifth of the West Midlands could be renting from private landlords, according to the analysis by financial services firm PWC. Previous research suggests that in the year2000 only 7% of people were renting from private landlords and 70% owned their own home in the region, but continuing trends and patterns for home ownership suggests that in less than a decade, home ownership will drop by 8% and renting rise by 12% to…

It’s an Autumn Property Update in this week’s Money Matters. As Birmingham sells its most expensive flat for £1.8 million, I’m examining the state of the market across key regions, particularly pertaining to high end properties, and looking at the impact that the London property market is having internationally. There’s also some insight into the impact that the market is having on renters!